https://www.mondialnews.com/2025/09/22/indian-shares-tumble-nearly-10-billion-amid-us-visa-crackdown-triggering-it-stock-sell-off/
Indian shares slumped sharply on Tuesday as a U.S. visa crackdown sent shockwaves through the information technology sector, triggering a near $10-billion sell-off in IT stocks. The move by American authorities to tighten visa regulations has unsettled investors, raising concerns over the growth prospects of India’s technology exporters heavily reliant on the U.S. market. The sell-off extended across major indices, reflecting growing unease about the impact of policy changes abroad on India’s flagship industries.
Indian Shares Tumble Amid US Visa Restrictions Impacting IT Sector
The Indian stock market witnessed significant turbulence as stringent US visa regulations took a toll on the IT sector, sending shares into a steep decline. Major IT giants, which heavily rely on H-1B and L-1 visa programs for their offshore workforce, faced a sharp sell-off amounting to nearly $10 billion in market capitalization. Investors reacted swiftly, concerned over potential disruption in project…
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Author : Miles Cooper
Publish date : 2025-09-22 21:24:00
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